Please click on the link above to access our initiation note on India Capital Growth Fund
India has one of the fastest growing economies in the world and India Capital Growth (IGC), the only London listed fund with a portfolio of predominantly small and mid-cap Indian companies, is positioned to benefit from that growth. The investment adviser likens the fund to a “compounding machine”. He aims to find reasonably valued but growing, cash-generative companies that reinvest their cash flow and hold them until their rating is no longer justified by their growth prospects.
After a long period in the doldrums, India’s market took off after the BJP were elected in May 2014. In recent months though, India’s market has sold-off along with other emerging markets. The adviser believes now might be a good time to add to exposure.
IGC : India Capital Growth – Compounding machine